Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, announced it has acquired Benefits Advisory Group, an Atlanta-based employee benefits consulting firm. Terms of the transaction were not disclosed.

Created in 2003, Benefits Advisory Group offers a wide-range of employee benefit services to midsize employers throughout Georgia. All of the firm’s employees, including its owner Al NeSmith, will join MMA and operate as part of MMA’s existing Atlanta operations.

“We are pleased to have Al and his team join the Mid-Atlantic region of MMA. Benefits Advisory Group brings a complementary set of talent that will enhance our employee benefits offering in the Atlanta market,” said Thomas R. Brown, vice chairman of MMA’s Mid-Atlantic region.

Mr. NeSmith added: “We are excited to join MMA and the regional partners in the Mid-Atlantic. This relationship will enable us to continue to offer best-in-class employee benefits solutions to our clients with a broader range of best-in-class products and services.”